Vivacon AG
VIVACON AG starts marketing of Philippe Starck apartments with a total volume of EUR 56 mn
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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VIVACON AG starts marketing of Philippe Starck apartments with a total
volume of EUR 56 mn
Cologne, 10th October 2006. VIVACON AG (ISIN 000604 8911) has launched its
second Philippe Starck project in Munich. The historic landmark building is
in the centre of Munich (Glockenbachviertel). 65 luxury apartments,
designed by Philippe Starck, will be created with a total living area of
approximately 10,200 sqm. The total sales volume is estimated at
approximately EUR 56 million. The planning phase has already been completed
and selling and marketing will commence at the mid of October. FInal
completion is expected to be at the end of 2008.
Vivacon AG owns via its subsidiary YOO Deutschland GmbH, the exclusive
licence for the realisation of Philippe Starck-designed real estate
projects in Germany. After realizing the first project, `Hafencity Hamburg´
, with a total sales volume of EUR 41 million, Vivacon AG is now launching
a second project.
For further information:
Sven Annutsch
Head Corporate Finance
Tel: + 49 221 / 1305621 630
Sven.Annutsch@vivacon.de
Lars Schriewer
Director Communication
Tel: + 49 221 / 1305621 631
Lars.Schriewer@vivacon.de
Vivacon AG
Bayenthalgürtel 4
50968 Köln
Fax: + 49 221 / 1305621 950
http://www.vivacon.de
(c)DGAP 10.10.2006
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Language: English
Issuer: Vivacon AG
Bayenthalgürtel 4
50968 Köln Deutschland
Phone: +49 (0)221 937 61 – 0
Fax: +49 (0)221 937 61 – 13
E-mail: ir@vivacon.de
WWW: www.vivacon.de
ISIN: DE0006048911
WKN: 604891
Indices: SDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Hamburg, München, Stuttgart
End of News DGAP News-Service
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